Economy, asked by hs3434561, 5 months ago

name the components of money supply​

Answers

Answered by REDNINJA
0

Answer:

What are the components of the money supply?

  • Currency such as notes and coins with the people.
  • Demand deposits with the banks such as savings and current account.
  • Time deposit with the bank such as Fixed deposit and recurring deposit.

Answered by ItsMarmik
0

Answer:

Money supply consists of various components as follows: Currency, demand and time deposits in commercial banks, and other types of deposits are the total amount of money in an economy:

1. Currency (notes and coins) with the people

2. Demand deposits with the banks.(savings and current account)

3. Time deposit with the bank. (Fixed deposit and recurring deposit)

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